Non-FATCA Banks in Ethiopia



Don’t rely on this quick-reference guide, whatever you do! Check IRS website for a FATCA GIIN. Also check whether an intergovernmental agreement is in effect: TREASURY

The U.S. Department of the Treasury makes a show of all the jurisdictions entering into IGA’s and all the FATCA-registered FFI’s but for some strange reason they do NOT make it easy to find the jurisdictions without IGA’s or the banks in those jurisdictions that do NOT participate in FATCA.

Typically this website lists banks with a SWIFT BIC, and smaller banks tend not to have a SWIFT BIC.

If it shows a GIIN then they are FATCA registered.
Name of a financial institution
A FATCA-registered financial institution with a similar name
Abay Bank S.C NONE
Addis International Bank S.C NONE
Awash International Bank NONE
Bank of Abyssinia NONE
Berhan International Bank NONE
Bunna International Bank NONE
Commercial Bank of Ethiopia 3PALQV.99999.SL.231
Commercial Bank of Ethiopia
Ethiopia
Construction and Business Bank NONE
Cooperative Bank of Oromia NONE
Dashen Bank CW3NSA.99999.SL.231
DASHEN BANK SHARE COMPANY
Ethiopia
Debub Global Bank S.C NONE
Development Bank of Ethiopia VE9M83.99999.SL.231
Development Bank of Ethiopia
Ethiopia
Enat Bank S.C NONE
Lion International Bank NONE
National Bank of Ethiopia NONE
Nib International Bank NONE
Oromia International Bank NONE
United Bank NONE
Wegagen Bank NONE
Zemen Bank NONE
The boundaries of the United States of America are the boundaries of the United States of America.

Around the world, people are learning that they are “citizens” of the U.S.A., and faced with criminal charges and devastating financial penalties for failing to report to Washington, D.C. their local bank accounts, when they don’t even live in the United States, and under the laws of their country, they are citizens only of their country.

Complicating the problem is that the U.S. Supreme Court gave them back their citizenship even if they did not want it. The court ruled in a manner consistent with U.S. Constitution, Amendment 14, which says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States, and of the State wherein they reside.


But how can a country unilaterally acquire the authority to tax people overseas? These people are no more U.S.A. “citizens” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen of Canada under Canadian law.

The fee to renounce U.S. citizenship is $2,350.00 and they require five years of tax returns and sometimes an exit tax, and in some cases they keep taxing for ten more years. This is unacceptable.

If they want money they should repeal the income tax and use a federal sales tax, based on domestic consumption, which does not invade personal privacy. If you pay with cash there is no paper trail revealing what you buy, so why should there be a paper trail showing how much money you have, or make? Cars built overseas and sold in the U.S.A. would be taxed in the U.S.A., making the U.S.A. more competitive.



HOME PAGE Abay Bank S.C Addis International Bank S.C Awash International Bank Bank of Abyssinia Berhan International Bank Bunna International Bank Commercial Bank of Ethiopia Construction and Business Bank Cooperative Bank of Oromia Dashen Bank Debub Global Bank S.C Development Bank of Ethiopia Enat Bank S.C Lion International Bank Nib International Bank Oromia International Bank United Bank Wegagen Bank Zemen Bank